| Element List | Explanation |
|---|---|
| Announcement Detail | The East Pipes Integrated Company for Industry announces that it has received a letter dated 24 March 2026 regarding the completion of the transfer of ownership of 6,930,000 shares in the Company, representing 22.0% of its total share capital, from Welspun Mauritius Holdings Ltd (the “Seller”) to Welspun Pipes, Inc USA (the “Buyer”), a wholly owned subsidiary of Welspun Corp Limited. This transaction comes as part of an internal restructuring within the Welspun Group, involving its subsidiaries and affiliates, and does not result in any change in the ultimate control of the Company; however, it will lead to a change in the list of major shareholders of East Pipes Integrated Company for Industry. |
